08-21-2026, 08:01 PM
(08-21-2026, 11:04 AM)Chicagojk Wrote: [Charania] American business leader Marc Stad has completed a deal to become the controlling owner and largest shareholder of the NBA’s Minnesota Timberwolves and WNBA’s Minnesota Lynx by buying the majority of co-owner Marc Lore’s stake at a $4.5 billion valuation, sources tell ESPN.
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seems to be a lot of teams changing hands. Trying to see if it is something more or just owners jumping on the wave with the high valuations? With expansion coming, supposedly teams will be getting more influx of cash. Still though, feels weird with all the teams being sold.
interesting video I saw earlier today
https://www.youtube.com/watch?v=4hyhVMsakdE&t=1214s
I'm starting to find myself becoming disenfranchised (is that the right word?) with sports and how much passion I have for my teams. There was something charming about Mark Cuban or George Steinbrenner owning your team. They were fans like us. With the uber billionaires and private equity starting to take over, there is a growing disconnect.
Maybe I'm off. Seems like most fans just care about winning or losing. Dont care if you have the Adelsons owning the team as long as it gives us a competitive advantage. I find less of a connection to the team or maybe no longer mind myself compelled to care as much.